Japan Stocks: Advantest, AnGes, Dai-ichi Life, Fuji Electric

Dec. 28 (Bloomberg) -- Japan’s Nikkei 225 Stock Average
fell 63.36, or 0.6 percent, to 10,292.63 as of the close in
Tokyo. The following were among the most active shares in the
Japanese market today. Stock symbols are in parentheses after
company names.

Advantest Corp. (6857 JT), the world’s biggest maker of
machines used to test memory chips, slumped 1.6 percent to 1,850
yen. “Demand for testers used for dynamic random-access
memories is stagnant due to falling DRAM prices and production
cutbacks by manufacturers,” said Nomura Holdings Inc. said in a
Japanese-language report dated yesterday.

Daito Pharmaceutical Co. (4577 JT), a drugmaker, surged by
its daily limit of 150 yen, or 19 percent, to 936 yen, the
biggest gain since its listing of March 24. The company raised
its full-year net income outlook 19 percent to 950 million yen
and increased its planned dividend for this fiscal year to 20
yen to 15 yen.

Fuji Electric Holdings Co. (6504 JT), a maker of electric
machinery and electronic devices, gained 3.3 percent to 254 yen.
The company will sell modules for converting large-volumetric
power next month to meet growing demand for power semiconductors
used by generators of solar-power and wind-power, Fuji Electric
said in a release on its Website.

Higashi-Nippon Bank Ltd. (8536 JT), a regional lender,
increased 3.5 percent to 179 yen, the highest since April 27.
The bank said it will buy back and retire 10 million preferred
shares to repay public funds to the Japanese government.

Nachi-Fujikoshi Corp. (6474 JT), the bearings maker, gained
3.4 percent to 272 yen. The company probably had a return to a
current profit, or pretax profit from operations, of about 6.5
billion yen in the fiscal year ended November, beating its
forecast by 500 million yen, on more-than-expected sales of car
bearings in emerging countries, the Nikkei newspaper reported.

Sala Corp. (2734 JT), an energy-supply company, jumped 9.3
percent to 459 yen, the steepest advance since October 2008. The
company said in a preliminary earnings statement that full-year
net income totaled 210 million yen, 40 percent more than its
profit outlook.

Weathernews Inc. (4825 JT), a weather forecasting service
company, rallied 2.4 percent to 1,503 yen, the highest since
September 2009. The company said first-half net income climbed
47 percent to 690 million yen from a year earlier.

Zojirushi Corp. (7965 JO), a maker of electric kitchen
appliances, climbed 2.4 percent to 216 yen. The company said
full-year net income almost doubled to 1.15 billion yen from 582
million yen a year earlier.